Definition of contingency

The word "contingency" originates from the Latin words "contingere", meaning "to touch or fall together", and the suffix "-ence", which forms a noun. In the 14th century, the word "contingency" referred to an event or situation that is dependent on another event or circumstance. In the 1500s, the term took on a more abstract meaning, referring to a condition or state that is uncertain or dependent on chance. This sense of the word is closely related to the concept of contingency planning, which involves preparing for potential future events or scenarios. Over time, the word "contingency" has evolved to encompass a broader range of meanings, including the idea of a potential or speculative event, a situation that is dependent on external factors, or a backup plan or alternative solution. Despite its evolution, the core idea of uncertainty and dependence on external factors remains at the heart of the word's meaning.